Microsoft MB-310 - Microsoft Dynamics 365 Finance Functional Consultant
- Exam Code: MB-310
- Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
- Updated: Nov 03, 2026
- Q & A: 364 Questions and Answers
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Candidates for this exam have a basic understanding of the concepts of corporate accounting and finance, customer service, field service, manufacturing, retail, and supply chain management.
Applicants for this exam usually train in one or more sets of Microsoft Dynamics 365 Finance functions, including finance, manufacturing, and supply chain management. Applicants must have knowledge of basic accounting principles and practices.
Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
| Section | Weight | Objectives |
|---|---|---|
| Implement and Manage Accounts Payable and Receivable | 25-30% | - Implement Accounts Payable
|
| Implement and Manage General Ledger and Cost Accounting | 25-30% | - Implement Cost Accounting
|
| Implement and Manage Fixed Assets | 10-15% | - Configure Fixed Assets
|
| Configure and Implement Core Financial Functions | 20-25% | - Implement and manage financial structures
|
A company uses Dynamics 365 Finance. The company sells extended warranty services that use a project fee journal.
You need to recognize unearned revenue for the extended warranty service over time.
Solution: Configure the project ledger posting for the fee category to post to the unearned revenue account set up an accrual scheme, and use the general journal with the accrual scheme to recognize the unearned revenue.
Does the solution meet the goal?
Correct Answer: A 🗳️
A company uses basic budgeting functionality in Dynamics 365 Finance.
The company wants to add fixed asset depreciation expenses to its budget register entry. The depreciation expense must be automatically calculated.
You need to create budget register entries for fixed asset depreciation expense.
Which four actions should you perform in sequence?
To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Correct Answer:

Explanation:
You are setting up a budget plan to accurately portray the projected budget for a company.
You need to select the appropriate allocation method for data distribution.
Which allocation methods should you use? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Correct Answer:

Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allocation
You are implementing cost management for a company.
The company requires inventory posting profiles to control the posting of inventory subledger transactions to the general ledger separately for receiving and invoicing and for each individual legal entity.
You need to set up the inventory posting profiles.
Which two configurations should you use? Each correct answer presents a complete solution. Choose two.
NOTE: Each correct selection is worth one point.
Correct Answer: A,C 🗳️
You need to configure the system to meet invoicing requirement.
Which features should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Correct Answer:

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/vendor-invoices-overview
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